MicroStrategy invests another $650 million in Bitcoin
The analytics-software provider MicroStrategy has purchased an additional 29,646 BTC for $650 million. The announcement was made on Monday, December 21 by the company's CEO, Michael Saylor.MicroStrategy is a business intelligence company known for its software platform and data analytics solutions.
MicroStrategy invests another $650 million in Bitcoin
The analytics-software provider MicroStrategy has purchased an additional 29,646 BTC for $650 million. The announcement was made on Monday, December 21 by the company's CEO, Michael Saylor.
Elon Musk questions Bitcoin’s use in large transactions
Tesla and SpaceX founder Elon Musk asked MicroStrategy chief Michael Saylor whether $100 billion transactions are possible on the Bitcoin network.
Peter Schiff criticises MicroStrategy CEO
Bitcoin-sceptic and gold bug Peter Schiff criticized MicroStrategy CEO Michael Saylor's decision to publicly announce in advance plans to buy cryptocurrency with $650 million raised by the company.
MicroStrategy raises $650 million for Bitcoin purchase
The analytics software provider MicroStrategy Inc. announced a $650 million debt financing. The funds are intended for investment in Bitcoin.
MicroStrategy raises convertible-bond offering to $550 million
The data-analytics software provider MicroStrategy Inc. announced a new financing target for bitcoin investments. Instead of the previously announced $400 million, the company now aims to raise $550 million.
MicroStrategy shares slump after Citi downgrade
In trading on Tuesday, December 8, MicroStrategy Inc. shares fell 13.9%. The downgrade was prompted by plans to issue $400 million in convertible bonds to expand Bitcoin holdings, and Citi's downgrade of the stock to 'sell', The Block reports.
MicroStrategy to raise $400 million for additional Bitcoin investments
The analytics-software provider MicroStrategy Incorporated announced plans to issue convertible senior notes worth $400 million, maturing in 2025.
MicroStrategy invests another $50 million in Bitcoin at just over $19,000 per coin
The analytics software provider MicroStrategy carried out its third bitcoin investment, according to CEO Michael Saylor.
Coinbase explains how it helped MicroStrategy invest $425 million in Bitcoin
MicroStrategy, the analytics software provider, used the broker service of the cryptocurrency exchange Coinbase to buy Bitcoin for $425 million. The exchange itself reported this.
MicroStrategy earned nine times as much from bitcoin investments as in 2019
The value of the cryptocurrency MicroStrategy bought this year rose from $425 million to $735.2 million. The main business last year brought in $34.35 million.
Why Bitcoin Is Rising: Fundamental Drivers, Opinions, and Forecasts
The year 2020 proved not only tumultuous but also extraordinarily successful for bitcoin investors. Fueled by global uncertainty, turbulence in financial markets and currency devaluations, the price of the world’s first cryptocurrency approached December 2017 levels.We use cookies to improve the quality of our service.
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